This entry was posted on Friday, April 18th, 2008 at 2:17 am and is filed under Making Money Online, Social Marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Hello everyone!
I wasn’t able to disclose this sooner but now it’s public domain. So, as the headline reads, my pet project, “Shrink The Web” has obtained an initial round of funding. I still cannot disclose how much funding but I will say that while our business plan and projections are quite aggressive, it does not currently appear that it will be necessary for us to take on further financing after this initial round.
So, that’s good, because I prefer not to continue to be bogged down worrying about investors and such. Instead, I would rather focus on this project and see it come to its full fruition. I believe -and others as well obviously- this site has quite a bit of potential in this business and the revenue model, so I am excited to be a part of this venture.
In fact, we were submitted by someone on “Killer Startups” (coincidentally AFTER we got funding) and within just 6 days so far, we have attained the #1 spot for April (with 1,800+ votes as of this writing) and the #2 (non-sponsored) listing for all of 2008! Wow!
Shrink The Web Reviewed at Killer Startups
At the current rate of voting, we will take #1 for all of 2008 by tomorrow.
The only reason I even knew about the review was because of the 500% increase in sign-ups and the influx of traffic. I checked the logs and saw that link in the referrer logs. It was a nice surprise to say the least. It’s always good to know you’re appreciated for your efforts!
If you haven’t seen Shrink The Web yet, please do check it out and vote for us at “Killer Startups”, if you have a second (single click, no registration required). If you really, really like our site, we’d love to have you leave some feedback/comments there as well.
-Brandon







April 18th, 2008 at 2:30 am
[...] ShrinkTheWeb Acquires First Round Funding [...]